TAYLOR

Operated by TRIPLE J INVESTMENTS INC (P-5 870423) in the BETHANY (PETTIT 6170) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12736District 06Field 07527527OilCasinghead gasSaveExport
Value, all time
$107 k
Jan 1993 – Mar 2003
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
123
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21 leases and 23 wells, and the rule below applies to all of them.

Discovered
1966-01-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/96.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition5,759 bbl$106,670
Casinghead gasProduction21 Mcf$0
Total$106,670

21 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.4783, -94.2044. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.47828, -94.20435 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,688 ft
2 wells filed one
Completion to plug
11.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 6,652 and 6,724 ft, median 6,688 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1990 – Dec 1991
2 of 2 wells
Plug dates filed
Jan 2003 – Feb 2003
2 of 2 wells

Last completion to plug: a median of 11.8 years across the 2 wells that filed both dates, with the middle half between 11.5 years and 12.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2033092216,652 ftDec 1991Feb 2003Yes
42-2033102626,724 ftJul 1990Jan 2003Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (123)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

123 months

Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003123030.315.58$3,728
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000150029.644.54$4,446
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000167027.263.68$4,552
Apr 20000024.513.12$0
Mar 20003028.422.86$85
Feb 2000177027.622.73$4,889
Jan 2000176025.272.48$4,448
Dec 1999359024.282.42$8,717
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998173013.042.51$2,256
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997175018.193.09$3,183
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997167017.882.08$2,986
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996177023.32$4,128
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 1996193019.55$3,773
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 1996185019.38$3,585
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995190017.19$3,266
Nov 19950016.00$0
Oct 19950015.43$0
Sep 1995186016.18$3,009
Aug 19950015.92$0
Jul 1995188015.24$2,865
Jun 19950016.41$0
May 19950017.56$0
Apr 1995188017.73$3,333
Mar 19950016.44$0
Feb 1995188016.58$3,117
Jan 19950015.92$0
Dec 199466015.03$992
Nov 1994190015.90$3,021
Oct 19940015.58$0
Sep 1994185115.29$2,829
Aug 19940116.13$0
Jul 19940117.56$0
Jun 1994187117.09$3,196
May 19940115.88$0
Apr 1994185114.14$2,616
Mar 1994189112.46$2,355
Feb 1994186112.50$2,325
Jan 19940112.66$0
Dec 1993213112.33$2,626
Nov 19930114.49$0
Oct 1993194115.85$3,075
Sep 19930115.03$0
Aug 1993187115.66$2,928
Jul 19930115.46$0
Jun 1993190116.79$3,190
May 1993189117.68$3,342
Apr 19930118.05$0
Mar 1993240118.14$4,354
Feb 1993193117.90$3,455
Jan 19930116.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jan 2003 — as filed, then multipliedworked
Oil                  123 bbl  × $ 30.31 =     $3,728
Casinghead gas         0 Mcf  × $  5.58 =         $0

────────────────────────────────────────────────────
Month total                                   $3,728

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/O/12736 is the state's own key, not one this site invented.